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    3721 2Nd St Coralville, IA 52241

    For Sale
    $849,420

    7.8 Acres, Highway 6 Frontage

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional 7.8-acre commercial land parcel presents a significant investment opportunity in Coralville, Iowa. Located at 3721 2nd Street, the property boasts substantial highway frontage on Highway 6, providing unparalleled visibility and accessibility for a wide range of commercial ventures. The asking price is $849,420, translating to a land value of $108,900 per acre. The property is zoned C2 Arterial Commercial, aligning with Coralville's West Land Use Area Plan, which designates this corridor for retail and general commercial service uses. This zoning allows for considerable flexibility in development options. The lot's size and location offer the potential for subdivision into smaller parcels, creating further investment potential and development opportunities. The property's APN is TBD. Situated in Johnson County, Iowa, with a 52241 zip code, this location offers easy access to major transportation routes and a thriving community. This prime commercial land is ready for your vision, offering a unique chance to establish a successful business in a high-traffic area. The latitude and longitude coordinates are 41.703279 and -91.632242 respectively. Don't miss this chance to acquire a highly desirable commercial property in a rapidly growing area.

    Property Features for 3721 2Nd St

    General Information

    Property type
    Land
    Lot Size
    339,768 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Building Supply Wholesale Shop Auto Repair Shop Clothing Store Gym & Fitness Auto Parts Store Pharmacy Department Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coralville
    County
    Johnson
    State
    Iowa
    Longitude
    -91.632242
    Latitude
    41.703279

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    FAQs

    What type of property is this?
    Land - 7.8 Acres, Highway 6 Frontage
    Where is this land located?
    The property is located at 3721 2Nd St Coralville, IA.
    What is the asking price?
    The asking price for this property is $849,420.
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    3721 2Nd St Coralville, IA 52241
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3721 2Nd St Coralville, IA 52241
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